adMare
Institute
The adMare Institute is a new voice aimed at advancing the current and emerging health and life sciences and related public policy challenges faced by Canadians and their governments.
The adMare Institute aims to advance life sciences public policy in Canada by providing objective, balanced, high-quality, data-based analysis to the sector and all stakeholders across the country. The objective of the Institute is to encourage objective and comprehensive discussions.
Does Canada Own its Life Sciences Future?
Canada’s life sciences sector – especially in therapeutics – produces world-class research, high-growth companies, and strong investment returns. Yet most financial gains are captured by foreign investors. This whitepaper analyzes capital flows, investor types, and exit outcomes from 2013–2024, revealing a clear pattern: Canada is creating value, but not keeping it.
Learn More about Canada’s Evolving Life Sciences Industry
Canada’s Evolving Life Sciences Industry:
Exploring Ecosystems, Clusters, and the Need for Anchor Companies
The first white paper considers the role of innovation ecosystems, advantages of industrial clusters, and impact of anchor companies on the life sciences industry.
This paper describes how innovation ecosystems differ from clusters, and explores the symbiosis that exists among the component parts. We also propose a definition of research-based anchor companies in the Canadian context and explore the critical roles they play in leading internationally prominent life science clusters – a role that is absent in Canada.
After the challenges of the past three years, Canadian life sciences is experiencing a generational moment. The actors of this sector must respond to this momentum, and one way to respond is to collaborate in establishing a fact-based, research-proven roadmap.
Canada has an extraordinary opportunity to truly become a global life sciences leader. To seize this opportunity, we need to be clear about the data and the facts at its foundation and have a candid dialogue about public policy issues.
Gordon C. McCauley
President & CEO,
adMare BioInnovations
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Vancouver Innovation Centre
2405 Wesbrook Mall
Vancouver, British Columbia, Canada
V6T 1Z3
T. 604.827.1147
Toronto Office
MaRS Centre, West Tower
661 University Ave., Suite 415
Toronto, Ontario, Canada
M5G 1M1
T. 416.673.8100
Montreal Innovation Centre
7171 Frederick-Banting
Montréal, Québec, Canada
H4S 1Z9
